GaB is a vending machine business in the Europe that provide 24/7 convenient access to food and travel essentials in strategic locations including schools, Offices, Parks, Hospitals, Transportation terminals, and gas stations.
GaB provide goods with cash or credit card and have 24/7 security with its built in CCTV and an emergency button that customers can press to contact the nearest police station in case of robbery, assault, or medical emergencies.
Our product, has special all different cuisine varieties food which is innovative machines that have functions and advantages not found in today's common vending machines, thus providing Chef Vending a competitive advantage over more established competitiors.
The idea of the product is bridge between people want to eat home made to and people who are passionate about cooking/feeding. The product makes it easy to access home made.
Provide you with a wide selection of foods and services that will fuel you through the workday as well as give you an easy access to them at the convenience of a vending machine.
The Europe vending machine market size was valued at USD 13.71 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. There has been an overall growth in the demand for healthy food and drink products in vending machines over the past few years.
Pandamic Impact on Consumer Food Behavior
Consumers reporting changes in product consumption during COVID-19 pandemic
Paying more attention to packaging
Food has more significance
Cost and access to food
will be more important
Changes that could have a positive impact on sustainability
This activity has received funding from EIT Food, the innovation community on Food
the European Institute of Innovation and Technology (EIT), a body of the EU,
Horizon 2020, the EU Framework Programme for Research and Innovation
Key Companies & Market Share Insights
The market is characterized by the presence of various well-established and several small- and medium-sized players. The
COVID-19 pandemic hampered the growth and revenue generation of many companies. As a precautionary measure, many
companies have started raising funds from various investors.
Some key players operating in the Europe vending machine market include Selecta TMP AG, Delikia Fresh, Alliance Vending
Services, IVS Iberica, Costa, NVCS Ltd., and Express Vending, and several small- and medium-sized players.
Target customers according to age group.
Target customers are identified by their support of the food vending machines, their budget,
and the frequency they buy takeaway foods. Target customers will be classified in age groups
because potential customers of food vending machines are significantly wide
Price range will be determined by the suitable budget of all informants and especially target
Locations analyzed through research. There are three main locations including shopping malls,
schools, and public transport stations which are suggested by majority of people.
SWOT analysis helps to bring a clearer picture of the business when it evaluates the internal
and external factors affecting the business.